The story of this market
The typical home in ZIP 02115 sells for about $892,847, or $892 per square foot.
Prices are down 4.4% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $3,325 a month.
ZIP 02115 — Boston
The 02115 housing market is currently experiencing a price correction, with home values down 4.4% year-over-year. High interest rates and a high concentration of student-oriented rentals continue to drive market dynamics, with limited inventory keeping the market competitive for buyers.
This ZIP is ideal for students, young professionals, and medical researchers who prioritize proximity to universities and hospitals over space, and for investors targeting the high-demand rental market.
Median prices moved down 4.4% year over year.
Homes spend a median of 35 days on market with 3.4 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 36.6% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02115, Suffolk County MA
Crime rates in the Fenway-Kenmore area are generally higher than the national average, primarily driven by property-related offenses common in high-density, transient, and student-heavy urban environments.
The area is served by Boston Public Schools, which offers a mix of pilot, innovation, and traditional schools; academic performance varies significantly across individual institutions.
The area faces moderate risk from urban flooding during extreme weather events and is subject to standard New England coastal storm and wind insurance requirements.
The area is a major hub for higher education and medical research, anchored by institutions like Northeastern University and the Longwood Medical Area, driving consistent demand for housing and commercial space.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
The ZIP is highly walkable and transit-oriented, with extensive access to the MBTA Green Line and Orange Line, providing rapid transit to downtown Boston and the Longwood Medical Area.
Residents have immediate access to the Back Bay Fens, the Emerald Necklace park system, and the Museum of Fine Arts, with extensive shopping and dining along Newbury Street.
The rental market is characterized by high demand and low vacancy rates due to the large student population and proximity to major employment centers, with rents trending upward.
The economy is dominated by higher education, healthcare, and life sciences, with major employers including Northeastern University and nearby hospitals in the Longwood Medical Area.
The area is served by the MBTA Green Line (B, C, D, E branches) and Orange Line, providing robust connectivity to the greater Boston region.
Development is heavily influenced by the Boston Planning & Development Agency, with a focus on transit-oriented development and institutional growth.
The City of Boston Assessing Department manages property valuations, utilizing annual assessments to determine tax liabilities.
The area is part of the Boston Public Schools district and is subject to various city-wide utility and infrastructure improvement districts.
Property insurance premiums are influenced by urban density and flood risk zones, with standard coverage requirements for multi-family and high-rise structures.
Data retrieved from Census Reporter and ZCTA-level ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Boston Tea Party Ships & Museum4.62.1 mi
- F1 Arcade Boston4.52.4 mi
- Museum of Illusions Boston4.52.3 mi
- Boda Borg Boston4.76.1 mi
- K1 Speed Boston-Wilmington4.215.5 mi
- Fenway Park4.80.6 mi
- TD Garden4.62.3 mi
- Gillette Stadium4.619.4 mi
- Thomas M. Menino Convention & Exhibition Center4.52.2 mi
- Topgolf Boston - Canton3.910.5 mi
- Fenway Park4.80.6 mi
- Boston Common4.71.6 mi
- Museum of Fine Arts, Boston4.80.2 mi
- New England Aquarium4.42.5 mi
- Harvard Square4.62.8 mi
- Museum of Fine Arts, Boston4.80.2 mi
- Boston Public Library4.80.9 mi
- Isabella Stewart Gardner Museum4.70.5 mi
- Museum of Science4.72.2 mi
- Boston Tea Party Ships & Museum4.62.1 mi
- Boston Common4.71.6 mi
- Franklin Park Zoo4.42.4 mi
- Public Garden4.81.4 mi
- Charles River Esplanade4.81.2 mi
- Arnold Arboretum of Harvard University4.82.7 mi
- Community Boating, Inc.4.61.6 mi
- MIT Sailing Pavilion4.91.3 mi
- Atlantic Wharf4.62.1 mi
- Constitution Marina4.62.6 mi
- Charlestown Marina4.83.2 mi
- Topgolf Boston - Canton3.910.5 mi
- Granite Links Golf Club4.66.9 mi
- Robert T. Lynch Municipal Golf Course3.94.2 mi
- George Wright4.55.4 mi
- Newton Commonwealth Golf Course44.1 mi
- Encore Boston Harbor4.34 mi
- Burlington Mall4.411.7 mi
- Prudential Center Boston4.50.7 mi
- Quincy Market4.52.3 mi
- Faneuil Hall Marketplace4.52.3 mi
- Boston Logan International Airport4.14.5 mi
- Park Shuttle & Fly4.55.2 mi
- The Lounge3.44.3 mi
- DaCoopas Pizza4.14.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-renowned art museum located in the heart of the ZIP.
Historic park designed by Frederick Law Olmsted.
Iconic home of the Boston Red Sox, located on the edge of the ZIP.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).